With the DWP expressing itself "delighted" by the quality of the 125 responses its pension dashboard consultation provoked, David Simpson assesses what now must happen to turn the concept into reality
The DWP's recent consultation on pensions dashboards, Working together for the consumer, certainly sparked the interest of the financial services sector, with the department confessing itself "delighted" by the quality of the 125 responses it received. So, where are we now and what needs to happen this year to bring dashboards from concept to reality? The Department for Work & Pensions (DWP) makes it clear that dashboards will initially be a ‘find and view' service, with more functionality added at a later stage. With £400m sitting in ‘lost' pensions, that seems a sensible first step. ...
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